Entertainment

Wynn Resorts Ltd. Vs. Caesars Entertainment

... Company ( NASDAQ: CACQ ) and the resolution of Caesars Entertainment Operating Company's bankruptcy will end up. Bloomberg has said that current shareholders will only own about 22% of the company after the reorganization. And there will still be billions in debt, although the final numbers won't be known until the reorganization is complete. Investors just don't know exactly what they're getting with Caesars Entertainment's restructured operations. And when you consider that the underlying assets after reorganization aren't the best in the industry (see above how they're underperforming Wynn) there's no real reason to be on a recovery. Wynn has more growth opportunities. Caesars Entertainment's best case scenario is that it's restructured and eventually starts operating like a normal gaming company. But until it does, it won't be a preferred partner in some lucrative markets looking to expand gaming. Japan's gaming market, in particular, has garnered attention from every large gaming operator, including Wynn and Caesars. But I would be shocked if the conservative Japanese government chose a company that bankrupted its ...

Alibaba Acquires Damai For Entertainment Boost

... Boost. Alibaba has acquired the remaining stake in __link__ for an undisclosed amount. Damai operates a prominent online ticketing and event marketing management system in China. The deal promises to be synergistic with Alibaba's other online entertainment properties as the firm expands to better compete with Amazon. Quick Take. China-based online e-commerce giant Alibaba (NYSE: BABA ) has acquired the remaining interest in online ticketing company __link__ for an undisclosed sum. Damai was acquired to provide Alibaba with operating synergies as part of its growing entertainment offerings. Look for more deals, both within China and outside, as Alibaba seeks to compete with the likes of Amazon (NASDAQ: AMZN ) by expanding its service and geographical footprint at scale. Target Company. Dongcheng, China-based Damai was founded in 2007 and was previously known as China Ticket Online. The company has developed an online ticket booking and marketing management system for entertainment and sports events throughout China. The company raised at least $14 million in ...

Norm Aladjem, Others Exit Levity To Start Mainstay Ent.; 35 To 40 Clients Follow

... as LEG has continued to expand. We continue to build our network of live venues, multi-platform production and our comedy-centric talent management division. We wish Norm and his group much success in their new venture.” The company is also forwarding calls from Aladjem’s offices to the new company. Aladjem, who was in flight when Deadline caught up with him, said: “I found that I was working with this amazing group of manager-producers in Ray, Derek, Sanaz and Tim, who are like-minded in their passion and approach for architecting artists’ careers and helping them tell their stories. We wanted a platform where we could focus on that.”. As far as the new partners of Mainstay go, Moheet worked for the last seven years as a manager/producer at LEG; prior to  that he was a talent agent for a decade. Van Pelt began his career at LEG, spending the last nine years there as a manager/producer. Yamin transitioned to LEG several years ago after beginning her career as an attorney while Honigman ...

South Shore Lakefront Getting New Entertainment Complex

... getting new entertainment complex. Jacqueline Quynh talks about new developments for the Southshore Lakefront. Jacqueline Quynh, WWL 5:47 AM. CDT March 21, 2017. Renderings courtesy Roland Von Kurnatowski. (Photo: WWL). CONNECT TWEET LINKEDIN GOOGLE+ PINTEREST. NEW ORLEANS - Changes are coming for the south shore of the Lakefront, as soon as the summer. It's been peaceful and serene evening along the Lakefront in New Orleans East, especially for those who call it home. Things haven't always been this quiet. Before Hurricane Katrina, a casino used to draw thousands to the old Southshore Marina. Now, the area is being dealt a new hand. "I grew up coming out to the Lakefront and to the sea wall and swimming and crabbing and all that," said Tipitina's owner Roland Von Kurnatowski. He and his and family have big plans for the lakefront; an entertainment complex. It'll include an amphitheater, a refueling dock, as well as an event facility with restaurants and shops. The complex will be right next door to the hangar for the  PT 305, a historical Navy vessel. MORE: Restored WWII boat PT 305 returns to dock, rides start in ...

How Tragedy And Persistence Brought An Entertainment Center To Austin's East Side

... years after those first community meetings, the entertainment center opened its doors. It was 1999, so when the city held a contest to name the place, “Millennium Youth Entertainment Complex” seemed to fit. “The millennium is a dream that a lot of people had,” said Vanessa Mc Queen Silas, general manager of the complex. “And the dream has come true.”. 'A Great Sense Of Pride'. But it came at a cost to Muhammed. She had always been a zealous advocate for the center, but the emotion that fueled all those years also alienated some in city government. As the project gained momentum, she lost her city advising role. At City Hall, she gave a fiery goodbye. When I go there, when I go skating, I just feel a great sense of pride. I feel like I made Tamika's death into something that was positive. - Jenniffer Muhammed. “It’s like my passion was good ...

A Dozen Takeaways From The Ucla Entertainment Symposium

... beggars can’t be choosers. Make a flop or two and you’ll find out who your real friends are pretty quickly. 9. The MBAs weigh in. New to this year’s Symposium was a session called “The UCLA Anderson Spotlight on the Business of Entertainment,” in which UCLA Anderson School of Management professor Sanjay Sood tried to get former Disney ABC Television executive vp and CFO Peter Seymour to say something interesting. Perhaps owing to quants’ natural caution — or the overhang of nondisclosure agreements — it was a more uneventful session than one might have anticipated. But Seymour did make the useful observation that pivoting from linear networks to SVOD — and hence engaging in a direct relationship with one’s customer, see #5 above — was not an easy task for a media company. “The business of selling subscription services is very different from distributing  your channel,” he noted, pointing to subscriber acquisition, customer service and ...

J.lo Reflects On Career 20 Years After 'selena

... still moving and growing, and it's always a challenge for women.". Lopez is currently balancing her Las Vegas residency, while starring on NBC's drama "Shades of Blue," which was just renewed for a third season, and gearing up to serve as a judge on the network's upcoming summer dance competition series "World of Dance," plus the broadcaster's next live musical, "Bye Bye Birdie Live!". She's the face of all those projects, but Lopez is a force behind the scenes - she pitched the idea for "Bye Bye Birdie" to NBC, shepherded "World of Dance" to television and executive produces "Shades of Blue" through her Nuyorican Productions banner. The superstar admits that at the time "Selena" was released, she did not imagine her career would boom into what it is today. "No. I didn't," Lopez says when asked. But, she's still taking matters into her own hands. "It was the same for me then as it is now, which is that I always wanted to be the best performer, singer, dancer, actress that I could be. It's the same ...

Missing Richard Simmons And The Queasiness Of Deep-dive Entertainment Journalism

... de Vil.”. What saves “Missing Richard Simmons,” if just, is the fact that Simmons is a public figure. He has also made a startling and unnerving life move, by disappearing from the lives of the legions of people who loved him and believed themselves to be close to him, with no explanation. We hear about the time Simmons bought a hundred-thousand-dollar ring for Barbra Streisand, whom he’d never met—he wanted to make a grand gesture of love. She sent it back. Taberski says that this podcast is such a gesture—a message to Simmons from the people who love him, who didn’t get to say goodbye. But Simmons didn’t accept it as such. In the final episode, Simmons’s manager tells Taberski that it caused “more worry and speculation.” “I can’t say that Richard feels better as a result of the podcast,” he says. If this is a ring, Simmons sent it back. Recently, a friend told me about another armchair-detective podcast he’s listened to—a shambling one, he said, possibly a bit grotesque, that seemed to be dragging itself out, collecting fancy sponsors long after it had worn out its theories and its welcome. “Missing Richard Simmons” was not that. To ...